The American Bank in Geneva, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 2007

  • The American Bank in Geneva, Alabama (AL)
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The American Bank - Overview

  • General
  • FDIC Certificate #: 17495
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: State Bank & Trust Company (#8878)
    Federal Reserve ID: 317735
    Date Established: August 26, 1955
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 11476
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 26, 1955
    Last Structure Change Effective Date: July 01, 2007
    Last Structure Change Process Date: July 17, 2007
    Last Data Update: July 17, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 South Commerce Street, Geneva, AL 36340
    County: Geneva
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Dothan-Enterprise-Ozark, AL (#222)
    Core Based Statistical Area (CBSA): Dothan, AL (#20020)
    CBSA Metro Statistical Area: Dothan, AL (#20020)
  • Financial Summary
  • Total assets: $96.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2006)

  • Dollar figures in thousands
  • 20Total employees (full-time equivalent)
  • $94,116Total assets
  • $3,190Cash and due from depository institutions
  • $0Interest-bearing balances
  • $31,936Securities
  • $6,145Federal funds sold & reverse repurchase agreements
  • $49,971Net loans & leases
  • $716Loan loss allowance
  • $0Trading account assets
  • $720Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,154All other assets
  • $94,116Total liabilities and capital
  • $79,356Total liabilities
  • $78,896Total deposits
  • $66,844Interest-bearing deposits
  • $78,896Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $460All other liabilities
  • $14,760Total equity capital
  • $14,760Total bank equity capital
  • $14,760Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $1,299Undivided profits
  • Memoranda
  • $13,460Noncurrent loans and leases
  • $3,411Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $772Earning assets
  • $0Long-term assets (5+ years)
  • $1,154Average Assets, year-to-date
  • $88,052Average Assets, quarterly
  • $22,303Volatile liabilities
  • $89,824Insider loans
  • $92,784FHLB advances
  • $15,352Loans and leases held for sale
  • $30Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,411Total unused commitments
  • $0Restructured Loans and leases
  • $716Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $5,699Total interest income
  • $2,170Total interest expense
  • $3,529Net interest income
  • $402Provision for loan and lease losses
  • $428Total noninterest income
  • $0Fiduciary activities
  • $345Service charges on deposit accounts
  • $0Trading account gains & fees
  • $83Additional noninterest income
  • $1,853Total noninterest expense
  • $1,096Salaries and employee benefits
  • $223Premises and equipment expense
  • $534Additional noninterest expense
  • $1,702Pre-tax net operating income
  • $22Securities gains (losses)
  • $423Applicable income taxes
  • $1,301Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,301Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $315Sale, conversion, retirement of capital stock, net
  • $400Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.81%Yield on earning assets
  • 2.59%Cost of funding earning assets
  • 4.21%Net interest margin
  • 0.51%Noninterest income to earning assets
  • 2.21%Noninterest expense to earning assets
  • 1.43%Net operating income to assets
  • 1.45%Return on assets (ROA)
  • 1.92%Pretax return on assets
  • 9.12%Return on equity (ROE)
  • 6.32%Retained earnings to average equity (YTD only)
  • 0.60%Net charge-offs to loans
  • 127.62%Credit loss provision to net charge-offs
  • 6.68%Efficiency ratio
  • 46,828Assets per employee
  • 4.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 30.75%Loss allowance to loans
  • 1.41%Loss allowance to noncurrent loans
  • 92.75%Noncurrent assets plus other real estate owned to assets
  • 0.82%Noncurrent loans to loans
  • 1.52%Net loans and leases to deposits
  • 63.34%Net loans and leases to core deposits
  • 78.64%Equity capital to assets
  • 15.68%Core capital (leverage) ratio
  • 16.05%Tier 1 risk-based capital ratio
  • 22.15%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $89,824Average earning assets
  • $14,267Average equity
  • $83,734Average loans

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